There are currently limited mortgage options if you have 10% equity or a 10% deposit.
The good news - through our partners we can access lenders who will consider a 90% LTV mortgage.
90% LTV Mortgage Deal - No Valuation Fee
90% Loan To Value
Virgin Money are offering a market leading:
- 7 year fixed interest only buy to let rate of 2.99% (3.6% APRC) at 90% loan to value (LTV)
- Plus FREE valuation
Call Virgin Money FREE on 0330 057 1528
How To Get A 90% LTV Mortgage
Not all lenders offer 90% loan to value (LTV) mortgages and those that do have set criteria to determine whether they are happy to lend on this basis.
Things to be mindful of include:
- Lenders will charge you a higher rate on interest on your mortgage if you only have a 10% deposit. If you can get your deposit up to 15% this will help get the cost of borrowing down.
- While some lenders will be happy to lend if you have a 10% deposit, their decision to lend will be based on affordability criteria so factors such as your income, previous credit record and the amount you wish to borrow.
Require independent advice?